Stone Summit Wealth LLC lessened its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report) by 62.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 13,040 shares of the company’s stock after selling 21,604 shares during the quarter. Stone Summit Wealth LLC’s holdings in Vanguard Tax-Exempt Bond ETF were worth $618,000 at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of VTEB. Arlington Trust Co LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF in the second quarter worth about $38,000. Global Trust Asset Management LLC increased its position in shares of Vanguard Tax-Exempt Bond ETF by 117.6% in the first quarter. Global Trust Asset Management LLC now owns 925 shares of the company’s stock worth $46,000 after acquiring an additional 500 shares in the last quarter. Legacy Wealth Managment LLC ID purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the first quarter worth approximately $49,000. Trust Co. of Vermont purchased a new position in shares of Vanguard Tax-Exempt Bond ETF in the second quarter worth approximately $50,000. Finally, Asset Dedication LLC acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF during the first quarter valued at approximately $51,000.
Vanguard Tax-Exempt Bond ETF Stock Performance
VTEB stock opened at $47.65 on Wednesday. Vanguard Tax-Exempt Bond ETF has a 52-week low of $46.87 and a 52-week high of $51.18. The company’s 50 day simple moving average is $48.61 and its 200-day simple moving average is $49.62.
About Vanguard Tax-Exempt Bond ETF
The Vanguard Tax-Exempt Bond ETF (VTEB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of investment-grade debt issued by state and local governments and agencies. Interest is exempt from US income tax and from AMT. VTEB was launched on Aug 21, 2015 and is managed by Vanguard.
See Also
- Five stocks we like better than Vanguard Tax-Exempt Bond ETF
- Tax Credit Turmoil: Why Enphase and SolarEdge Face a Tough Road
- A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be?
- Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
- Surgical Precision, Sustainable Returns: Johnson & Johnson Secures Its Cash Flow Runway
Want to see what other hedge funds are holding VTEB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report).
Receive News & Ratings for Vanguard Tax-Exempt Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Tax-Exempt Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
